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don't know where the fear comes from from the us about china well there you have it it seems china is the new kid on the economic block and it's up to the us ammo west to see how they deal with reporting from washington i'm a genocidal party. talk to karen on hell been from occidental college in los angeles says that washington feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront someone we hear these republican contenders talking about china as an enemy i do think that it fills that notion of having something to oppose in order to buoy the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top are perceived because then they act with impunity and i believe at various points in u.s. history we have seen the evidence of that i think having china in the mix will be
don't know where the fear comes from from the us about china well there you have it it seems china is the new kid on the economic block and it's up to the us ammo west to see how they deal with reporting from washington i'm a genocidal party. talk to karen on hell been from occidental college in los angeles says that washington feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a...
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the reprimand seems to be in china. conformity is one of the top ballet you think the chinese build a wall also reflected in the country's political and economic policy if that's not china doesn't play by the rules it's actually quite the opposite what the united states things to have an issue really is that increasingly china rules and i have the privilege watching for would prefer to keep it for hours as the u.s. president hailed his new free trade asia pacific pact as a win win trade in the region some in china took it as a predatory effort to change rules. free trade to be. in the eyes of the beholder it's a treat for you but protection provided that i get. precious. industries as. well. so it's always. free as the euro crisis continues metastasizing throughout the world and china is asked to shoulder the load many analysts say the west should keep in mind its old adage about he who pays the piper china is really in the driver's seat in many respects and this is coming at an awkward time for the united states becaus
the reprimand seems to be in china. conformity is one of the top ballet you think the chinese build a wall also reflected in the country's political and economic policy if that's not china doesn't play by the rules it's actually quite the opposite what the united states things to have an issue really is that increasingly china rules and i have the privilege watching for would prefer to keep it for hours as the u.s. president hailed his new free trade asia pacific pact as a win win trade in the...
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money report thief in china scolds a woman for having nothing of value to steal so women in china woke up and found an intruder in our apartment in the middle of the night but rather than run away the guy stayed there and the thief launched into a tirade cast izing the woman for having nothing of value to steal he criticised her for more than ten minutes telling her she needs to get educated work harder and accumulate some kind of wealth before she gets old the man went on i am but a simple thief yet i have more than you so i thought this could possibly be jamie diamond he read that there was all the silver going to try and he was like a cat burglar ring around looking for some silver to me this naked short position well i think something a loss of the translation actually because the woman was actually sleeping on a mattress filled with u.s. dollars and as the thief pointed out there's little value in those i want i want real look i want silver but it's also i think the motto for the one percent you see the occupy wall street people they're out there in chicago los angeles denver and
money report thief in china scolds a woman for having nothing of value to steal so women in china woke up and found an intruder in our apartment in the middle of the night but rather than run away the guy stayed there and the thief launched into a tirade cast izing the woman for having nothing of value to steal he criticised her for more than ten minutes telling her she needs to get educated work harder and accumulate some kind of wealth before she gets old the man went on i am but a simple...
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now china has all the money and as one analyst put it china is right now the banker to the world china's influence is only such a grow and i think what we're seeing right now is you're seeing europe and in the united states and a state of crisis because of the forces of globalization and at her house and a larger scale you're seeing a shift of power and a shift and influence both i can all my power and political influence to the east sense of china. i don't excel here r.t.r. next kaiser and stacy her but discuss one of the legends of old school rock n roll might have actually made a better job of fixing the financial turmoil than today's bankers and politicians. and yoko ono were actually watching the kaiser report during their famous bed in in one thousand nine hundred sixty nine and you see you know this is a unique perspective not very many people look at this shot from that time but as you can see they were also saying all we are saying is let the banks fail and kaiser karma at the time nobody thought to look at the full three sixty of that stuff exactly to look at some of the poster
now china has all the money and as one analyst put it china is right now the banker to the world china's influence is only such a grow and i think what we're seeing right now is you're seeing europe and in the united states and a state of crisis because of the forces of globalization and at her house and a larger scale you're seeing a shift of power and a shift and influence both i can all my power and political influence to the east sense of china. i don't excel here r.t.r. next kaiser and...
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and china china is still a mere one quarter. and so to say to china. can swing the world economy around by itself. it's going to. be hoping you could they didn't i mean you were just being recently saying to china give us a hopeless bail us out of this problem yet china seems to be very reluctant to help europe at the moment. well i think china is naturally very conservative in their in their international investments where they make. whether it's euro bonds or a thing they want to make sure. and so whenever a name make it if they do want to make sure it's a sound investment it will get a reasonable return. they certainly learned a lesson from some of the fannie and freddie. was quite a worrisome until until the. sure they'll make good. just just finally i want to ask you your an expert in international strategic alliances do you think your work could possibly be undermined by what's happening in domestic politics in washington we need has been some tension between washington beijing at this summit and we had reports yesterday of various politicians be
and china china is still a mere one quarter. and so to say to china. can swing the world economy around by itself. it's going to. be hoping you could they didn't i mean you were just being recently saying to china give us a hopeless bail us out of this problem yet china seems to be very reluctant to help europe at the moment. well i think china is naturally very conservative in their in their international investments where they make. whether it's euro bonds or a thing they want to make sure....
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it looks like china will likely be asking for some major concessions one route for china's funding of the bailout fund would go through the i am after an i.m.f. fines now the i.m.f. historically has been dominated by the united states and european powers and developing countries of long argued for greater voting power and more of a voice in the i.m.f. so it's possible that china would demand greater voting powers within the i.m.f. for having its money go through them after the euro zone and so that's one thing and that of course would diminish the influence of western powers in that and not find another thing that china may ask for is greater opportunities for foreign direct investment into europe and i that means sensually buying companies technology companies and so on and you're out and in the west so if china decides to help out the help out the euro zone in a crisis china will use every bit of its leverage that it can right now china has all the money and as one analyst put it china is right now the banker to the world china's influence is only such a grow and i think what we're
it looks like china will likely be asking for some major concessions one route for china's funding of the bailout fund would go through the i am after an i.m.f. fines now the i.m.f. historically has been dominated by the united states and european powers and developing countries of long argued for greater voting power and more of a voice in the i.m.f. so it's possible that china would demand greater voting powers within the i.m.f. for having its money go through them after the euro zone and so...
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china criticizing its undervalued currency some of the other candidates talk about china as a job stealer and some talk tough about wanting to impose trade restrictions on china but the fact is that romney for example is a businessman as are many people in this country and trade restrictions put on china could hurt business here i want to get your take michael got what these candidates seem to be flip flopping a lot on the issue of china and what they want to say and what they want to do. yes ronnie in. the war on china in. john kerry again tonight. china i agree we have to protect our interests he confrontational way that romney wants. huntsman was an ambassador to china romney. on our economy much damage on her small business and then. he's been dragging them in front of the. world trade organization and hawing about a minute currency manipulation and. i know during the last debate you. as i said you you were disturbed at the last foreign policy debate and i wanted to see something you wrote and get you to react he said some displayed maniacal cunning all others exposed world views so n
china criticizing its undervalued currency some of the other candidates talk about china as a job stealer and some talk tough about wanting to impose trade restrictions on china but the fact is that romney for example is a businessman as are many people in this country and trade restrictions put on china could hurt business here i want to get your take michael got what these candidates seem to be flip flopping a lot on the issue of china and what they want to say and what they want to do. yes...
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growth to china and italy was this lease that meeting economy has resulted in a great slump china in comparison has been full steam ahead emerging as a major manufacturing base but was chinese business is approving strong competition china is being cautious when it comes to buying up your debts the investment should be told in a more valuable. help me industries you start arriving all blonde is chinese investments in western companies and infrastructure grows so you to just china's control and influence across the entire european economy with the chinese trade and investment delegation g. to visit europe next year further investment seem extremely likely. that we call it. could be very very. bad in order to. financial crises as the crisis continues to readjust the economic leaders on the global stage emerging economies such as china looks set to remain firmly in the spotlight surface r.t. . tion quantised francisco. china is greatly interested in europe's economic recovery as it's one of the e.u.'s not just trading partners. this situation in europe and with the euro is uncertain and
growth to china and italy was this lease that meeting economy has resulted in a great slump china in comparison has been full steam ahead emerging as a major manufacturing base but was chinese business is approving strong competition china is being cautious when it comes to buying up your debts the investment should be told in a more valuable. help me industries you start arriving all blonde is chinese investments in western companies and infrastructure grows so you to just china's control and...
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china and the u.s. both want a strong euro because they want to sell their goods to europe and europe so larger export market for china than the united states is so if china and the u.s. want a strong euro you're going to get a strong euro and germany's on board with that so that really explains back an entrepreneur at the end of the day not everyone can win a currency war unless you go to gold gold is the one thing where everybody can devalue it once again school they can't devalue against each other but they can devalue against gold so that's where these things and but there's a joke in the back now it's the joker is the s.t.r. i know it makes people's head hurt but it's a special drawing right the easiest way to think of it this is the i.m.f. printing press the fed has a printing press they crank out dollars p.c.b. has a printing press they crank out euro's and known to very few people the i.m.f. has a printing press and they crank out s.t.r. so i see the entire international monetary system as a foo
china and the u.s. both want a strong euro because they want to sell their goods to europe and europe so larger export market for china than the united states is so if china and the u.s. want a strong euro you're going to get a strong euro and germany's on board with that so that really explains back an entrepreneur at the end of the day not everyone can win a currency war unless you go to gold gold is the one thing where everybody can devalue it once again school they can't devalue against...
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for the last decade or so china has. consequently consequently. started the thousand and three human spaceflight program and thousands size of launching to try canals in two thousand and eight. when i was in first place was so the chinese are progressively improving progressively. gradually to the american national abilities how do you see washington reacting to china's progress on this front. well basically what washington is is concerned about and the chinese space program doesn't clearly delineate distinguish between its commercial military and civilian aspects of it interesting to see that the chinese space program is basically controlled by the people's liberation army the general harmony department the p l a has basically operational control over both men's and unmanned chinese space flights so i would argue that the u.s. policymakers are clearly concerned about the dual use of chinese space to build it . is only what do you see as the future going forward do you do you see a new space arisa merging with china versus the u.s. versus russia v
for the last decade or so china has. consequently consequently. started the thousand and three human spaceflight program and thousands size of launching to try canals in two thousand and eight. when i was in first place was so the chinese are progressively improving progressively. gradually to the american national abilities how do you see washington reacting to china's progress on this front. well basically what washington is is concerned about and the chinese space program doesn't clearly...
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but china says that the u. one has to rise gradually to avoid harming its economy. on the border explains the differences that have parv up between washington and beijing. if there is any us state where the occupy movement has little chance it's probably why despite the high concentration of politicians and wall street big wigs socializing at the apec summit the only place people are willing to occupy here on mass at the beach is this one exception these protesters are against greed and social injustice they're against economic inequality and they are against china was. was who incidentally the mood at the podium was similar to look hostile i think we can benefit from trade with china and i want certainly to continue cultivating a. a constructive relationship with the trying is government but we're going to continue to be firm in insisting that they operate by the same rules that. everybody else rules rules and again rules as a country that's been ruling the roost for decades the united states has never been sh
but china says that the u. one has to rise gradually to avoid harming its economy. on the border explains the differences that have parv up between washington and beijing. if there is any us state where the occupy movement has little chance it's probably why despite the high concentration of politicians and wall street big wigs socializing at the apec summit the only place people are willing to occupy here on mass at the beach is this one exception these protesters are against greed and social...
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going into depression because you've compared the boom that we've seen in china over the past twenty thirty years to sort of what happened the united states after the civil war and the industrial boom there however at that time the banking system the united states had not yet been as fully consolidated as it is today and it certainly wasn't anything like china and the kind of loan growth that we've seen in china has been tremendous so that has the potential for a lot of misallocation in terms of resources and goods and services and so are you concerned at all in terms of what kind of bad loans could potentially be hiding inside of the system and how that could be affected if we were to see a slowdown in china. surely going to be plenty of bad loans coming out of chinese banks after all the chinese authorities are doing their best to slow things down doing to best their best to draw real estate prices down they've raised interest rates six times grace reserve requirements twelve times i mean i wish the us was doing what china is doing and trying to kill inflation so sure you're going
going into depression because you've compared the boom that we've seen in china over the past twenty thirty years to sort of what happened the united states after the civil war and the industrial boom there however at that time the banking system the united states had not yet been as fully consolidated as it is today and it certainly wasn't anything like china and the kind of loan growth that we've seen in china has been tremendous so that has the potential for a lot of misallocation in terms...
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than the united states is so if china in the u.s. want to strong euro you're going to get a strong euro and germany is on board with that so that really explains that conundrum but at the end of the day not everyone can win a currency war unless you go to gold gold is the one thing where everybody can devalue it runs against gold they can't devalue against each other but they can devalue again school so that's where these things end up but there's a joker in the deck and actually joker is the s.t.r. i know it makes people's head hurt but it's a special drawing right and easiest way to think you have this is the i.m.f. printing press the fed. as a printing press they crank out dollars the c.b. has a printing press they crank out euro's and known to very few people the i.m.f. is a printing press and they crank out s.t.r. s. so i see the entire international monetary system as a foot race between s.t. r.'s and gold because those are the only things left i want to repeat that point because it is quite critical going forward especially in
than the united states is so if china in the u.s. want to strong euro you're going to get a strong euro and germany is on board with that so that really explains that conundrum but at the end of the day not everyone can win a currency war unless you go to gold gold is the one thing where everybody can devalue it runs against gold they can't devalue against each other but they can devalue again school so that's where these things end up but there's a joker in the deck and actually joker is the...
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growth to china and italy well thessaly stagnating economy has resulted in a great slump china in comparison has been full steam ahead emerging as a major manufacturing base but was chinese business is a preview of strong competition china is being cautious when it comes to buying up your debt the you must be told it more to the valuable. help me industries are you still robbing or bland is chinese investments in western companies and infrastructure grows so you to just china's control and influence across the entire european economy with the chinese trade and investment delegation g. to visit europe next year further investment seem extremely likely. that we call it. could be very very. bad. to. financial crises as the crisis continues to readjust the tsunami aid is on the global stage emerging economies such as china looks set to remain firmly in the spotlight surf. well of our news coverage and much more is a bit of a few online just not on time website at the party dot com. what's waiting for you there right now in fact more than a thousand people were detained by police during massive p
growth to china and italy well thessaly stagnating economy has resulted in a great slump china in comparison has been full steam ahead emerging as a major manufacturing base but was chinese business is a preview of strong competition china is being cautious when it comes to buying up your debt the you must be told it more to the valuable. help me industries are you still robbing or bland is chinese investments in western companies and infrastructure grows so you to just china's control and...
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is china town to find out i don't think we have to be afraid of china but i do think that we should be concerned well concerned might be the right word for it and angelina isn't the only one how much twenty levin b.b.c. poll shows that many in the west aren't exactly thrilled about china gaining more economic steam in the span of just five years negative attitudes towards china have skyrocketed with france germany italy the u.k. and the u.s. on unhappy at the thought of china nipping at their heels and for the us nowhere is that clear that in the race to the white house china is on almost every dimension cheating this is no longer a time for us to sit back and say we're going to let them steal our jobs what we need to do is stop enriching china with our mani i want to beat china i want to go to war with china and make america the most attractive place in the world to do business woah woah whoa does it have to be us or them and is anyone buying it the world is changing you know so like. the fact that like china's economy is modernizing. isn't the reason why our economy is doing poorly r
is china town to find out i don't think we have to be afraid of china but i do think that we should be concerned well concerned might be the right word for it and angelina isn't the only one how much twenty levin b.b.c. poll shows that many in the west aren't exactly thrilled about china gaining more economic steam in the span of just five years negative attitudes towards china have skyrocketed with france germany italy the u.k. and the u.s. on unhappy at the thought of china nipping at their...
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off running the country ok call greg it's an interesting point i mean china china is a very good interview if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was this. fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnarounds we saw that really we saw that in germany we saw that at the beginning of the soviet and it's not sustainable but that's how they do i really i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorrow i've
off running the country ok call greg it's an interesting point i mean china china is a very good interview if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same...
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and italy is that china will come in and before the i.m.f. sinks their claws into italy and gets them to sign a memorandum giving away their constitutional rights as they did with ireland and as they did with greece italy will preempt the i.m.f. and they'll do a deal directly bilateral deal with china i predict that you'll see this is going to happen but speaking of buffoons max let's move on to this traders from chicago board of trade don't mcdonald's applications on occupy chicago protesters so last week in the middle of an occupy chicago teachin traders at the chicago board of trade don't employment applications for mcdonald's on the protesters now to let people know what the chicago board of trade is i looked it up and we keep and they say it was established in eighteen forty eight as the world's oldest futures and options exchange now in two thousand and seven it merged with the chicago mercantile exchange to form the c m group know and the c.m.a. group is also the largest regulator of the futures markets in the u.s. but it's also the la
and italy is that china will come in and before the i.m.f. sinks their claws into italy and gets them to sign a memorandum giving away their constitutional rights as they did with ireland and as they did with greece italy will preempt the i.m.f. and they'll do a deal directly bilateral deal with china i predict that you'll see this is going to happen but speaking of buffoons max let's move on to this traders from chicago board of trade don't mcdonald's applications on occupy chicago protesters...
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a low in welcome across town timekeeper little china's maneuvering power china's fortunes faring during the global financial crisis the eurozone fiasco political uncertainty in the u.s. and the arab spring is china and the gainer is the world undergoes massive economic and geopolitical ships and as the world changes will china take on a greater leadership role. to keep the story. across not china's growing influence i'm joined by greg audrey in irvine he's an entrepreneur and co-author of death by china in miami we have already changed cars he used a ford motor company chair in global business management at ohio state university and in beijing we cross to doris nesbitt she's the director of the nesbitt china institute all right folks you have difference of points of view on this and i want you to show my viewers ok but first marcia people say china is set to save the world well i don't know about that but there is little doubt that over the last decade asia and china specifically has been steadily moving to the fore of the global economy and in the wake of the two thousand and eight cre
a low in welcome across town timekeeper little china's maneuvering power china's fortunes faring during the global financial crisis the eurozone fiasco political uncertainty in the u.s. and the arab spring is china and the gainer is the world undergoes massive economic and geopolitical ships and as the world changes will china take on a greater leadership role. to keep the story. across not china's growing influence i'm joined by greg audrey in irvine he's an entrepreneur and co-author of death...
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with a trip to russia with a trip to china where she said europe's debts are making global prospects uncertain and that's asia's not immune live to beijing now and professor liu from the university of international business and economics there professor about chung thank you for joining us. first of all the i.m.f. letter the i.m.f. boss is largely on a revenue raising exercise to help europe which china has been cool on in recent weeks what might this trip actually achieve. now christine lagarde is the now sitting at the chairman of the i.m.f. therefore i think her professional job is really to beef up the mast to make more productive on a more expensive so the set of merely full coups seen on the us the rest of europe so therefore i think the the initial object to it is really how china can work more closely was on maff. the. finance capacity of my math in the meantime to further justifiable position for china both in terms of the membership also the possible r. and b. as a denominating current state of bihar on the special drawing rights and then certain phones will be funneled to
with a trip to russia with a trip to china where she said europe's debts are making global prospects uncertain and that's asia's not immune live to beijing now and professor liu from the university of international business and economics there professor about chung thank you for joining us. first of all the i.m.f. letter the i.m.f. boss is largely on a revenue raising exercise to help europe which china has been cool on in recent weeks what might this trip actually achieve. now christine...
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currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt. the u.s. has long complained that china keeps its currency artificially weak to give an advantage to its exporters but china says that the one has to rise gradually to avoid harming its economy correspondent some of boyko explains the differences that have piled up between washington and regime if there is any us state where the occupy movement has little chance it's probably why despite the high concentration of politicians in wall street big week socializing at the apec summit the only place people are willing to occupy here on their ass at the beach is this one exception these protesters are against greed and social injustice they're against economic inequality and they're against china. was who incidentally the mood at the podium was similarly hostile i think we can benefit from frayed with china and i want certainly to continue our cultivating a. constructive relationship with the train
currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt. the u.s. has long complained that china keeps its currency artificially weak to give an advantage to its exporters but china says that the one has to rise gradually to avoid harming its economy correspondent some of boyko explains the differences that have piled up between washington and regime if...
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in the hague or the bankers may be making off with the wealth of europe or the us put across in china expectations are very different even the criminal community is next and stacey explained later this hour. scolds woman for having nothing of value to steal so women in china woke up and found an intruder in our apartment in the middle of the night but rather than run away the guy stayed there he criticized her for more than ten minutes telling her she needs to get educated work harder and accumulate some kind of wealth before she gets old the man went on i am but a simple thief yet i have more than you so i thought this could possibly be jamie dying when he read that there was all the silver going to trying like he was like a cat burglar in around looking for some silver to meet us naked short position well i think something a lot of the translation actually because the woman is actually sleeping on a mattress filled with us dollars and as the thief pointed out there's no value in those i want i want real money i want silver. terminus time the united states is boosting its presence in
in the hague or the bankers may be making off with the wealth of europe or the us put across in china expectations are very different even the criminal community is next and stacey explained later this hour. scolds woman for having nothing of value to steal so women in china woke up and found an intruder in our apartment in the middle of the night but rather than run away the guy stayed there he criticized her for more than ten minutes telling her she needs to get educated work harder and...
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china operations are today. the international community pushes syria's president. to end the bloodshed and start with the. u.s. unesco. funding to the u.n. cultural body after it granted historic membership to palestine. the f.b.i. joins the halloween celebration. releasing surveillance footage starring chapman and other alleged russian spies. and global markets plunge into another round of. greece's prime minister george a. referendum on. the country's war and this coming up in our business. it is now a just after five pm here in moscow. life with. all eyes are on.
china operations are today. the international community pushes syria's president. to end the bloodshed and start with the. u.s. unesco. funding to the u.n. cultural body after it granted historic membership to palestine. the f.b.i. joins the halloween celebration. releasing surveillance footage starring chapman and other alleged russian spies. and global markets plunge into another round of. greece's prime minister george a. referendum on. the country's war and this coming up in our business....
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perhaps but i think both china what's interesting is in looking at their trade relations with china and trying this new enterprises businesses in the area not just have you back as then and other parts of the central asian middle east and chinese also want peace in the area they want peace and businessman peace for trade peace because they want to get a hold of their share of the petroleum from the region as well so peace for their own would be a tremendous asset that could expand a bit more on this the trade relations understand there's a lot of weapons sales also from china to pakistan but what are the industries on the chinese really interested in here because it seems to me that a lot of it is all about money and trade here than anything else it's about money and resources that you know that china has tremendously expanding economy needs fuel it needs or oil it needs natural gas and the place they need to get it from are places that are serving the middle east places like you're around. of in fact surprisingly that area now it's much more vital to china in saudi arabia iran is much
perhaps but i think both china what's interesting is in looking at their trade relations with china and trying this new enterprises businesses in the area not just have you back as then and other parts of the central asian middle east and chinese also want peace in the area they want peace and businessman peace for trade peace because they want to get a hold of their share of the petroleum from the region as well so peace for their own would be a tremendous asset that could expand a bit more on...
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and china are exchange. comes to a close in hawaii talks of a specific free trade area. with. a crew of three heads. to the international space station is the first mission for almost three months when a similar. discussed the possibility of israel attacking iran's nuclear facilities. with now have.
and china are exchange. comes to a close in hawaii talks of a specific free trade area. with. a crew of three heads. to the international space station is the first mission for almost three months when a similar. discussed the possibility of israel attacking iran's nuclear facilities. with now have.
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first of all china is right the rules are sort of play the west known to china in order to buy. becoming american to list power and conquering the world by many factoring cheap products exported all over the world and united states instead decided to wage wars all across the world and i mean africa as well. what kind of rules are deeds and downright effective debt kerosene they're not going to the value of their currency because obama or biden or u.s. congress wants it they have a mechanism inside the bank of china which is coordinate and a gradual devaluation of the one this is going to happen within the next shorts of five years and to reach a maximum of ten percent of the us once twenty five percent now it's not going to happen the chinese will dictate when and how in the fall you must devaluation of their currency so what obama is doing splay basically to the galleries and side the usa and also to the republicans who are practically declaring war on iran and then on china if we are watching that in terms of the problems of the u.s. at the moment days with there will be only
first of all china is right the rules are sort of play the west known to china in order to buy. becoming american to list power and conquering the world by many factoring cheap products exported all over the world and united states instead decided to wage wars all across the world and i mean africa as well. what kind of rules are deeds and downright effective debt kerosene they're not going to the value of their currency because obama or biden or u.s. congress wants it they have a mechanism...
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interestingly enough created just after china's and six africa diplomacy where forty heads of african nations were invited to beijing and the enormous deals were signed with the chinese companies for oil exploration to build hospitals give soft loans everything the i.m.f. didn't do in africa in the last thirty years the chinese began doing and that had enormous results for china i know that you have a very interesting opinion of this who would you say pays for wars that were raised by the united states well you have to go back to the role in the last twenty or thirty years actually began in the eighty's with the role of the dollar as world reserve currency and china has an enormous trade surplus wal-mart is essentially an outpost of chinese manufacturing only in america today so the three hundred billion plus surplus dollars at the central bank of china masses every year what do you do with that well there's few markets big enough to invest in that i suppose and they could buy gold for their central bank reserves which they are doing by the way but the only place i can invest it as th
interestingly enough created just after china's and six africa diplomacy where forty heads of african nations were invited to beijing and the enormous deals were signed with the chinese companies for oil exploration to build hospitals give soft loans everything the i.m.f. didn't do in africa in the last thirty years the chinese began doing and that had enormous results for china i know that you have a very interesting opinion of this who would you say pays for wars that were raised by the...
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well china has come a long way in terms of space technology but i still think. the country has a still a long way to go basically chinese space technologies do not represent a major technology called breakthrough if you compare it with the russian and american space technologies for example the wonder space more joy it could be compared to the earlier russian space modules of the so you program one nine hundred seventy s. and the space station that the chinese actually envisioned by twenty twenty could be compared to what the mir was in the mid one nine hundred eighty s. that said however you can argue that the chinese are progressively moving toward technology called capabilities. comparable to both the american and russian space programs so it will be put in a perspective that shinzo eight basically the first time for the chinese to achieve docking procedure and for the last decade or so china has. consequently consequently. a major milestone starting for two thousand and three human spaceflight program two thousand and five launching to tie canals in two thou
well china has come a long way in terms of space technology but i still think. the country has a still a long way to go basically chinese space technologies do not represent a major technology called breakthrough if you compare it with the russian and american space technologies for example the wonder space more joy it could be compared to the earlier russian space modules of the so you program one nine hundred seventy s. and the space station that the chinese actually envisioned by twenty...